Industrial production in Chile fell by 3.6 percent year-on-year in April of 2022, reversing an upwardly revised 0.9 percent gain in the previous month. Production declined for mining activity (-10.6 percent vs -2.3 percent in March), driven by lower copper production (-9.8 percent vs -6 percent), and increased at a slower pace for manufacturing (1.7 percent vs 3.4 percent) and electricity, gas, and water (0.9 percent vs 1.4 percent). On a monthly basis, industrial production fell by 2.2 percent, swinging from an upwardly revised 3.6 percent jump in the prior month. source: National Institute of Statistics, Chile

Industrial Production in Chile averaged 1.67 percent from 1997 until 2022, reaching an all time high of 14.05 percent in May of 2000 and a record low of -11.50 percent in February of 2009. This page provides - Chile Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Chile Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Industrial Production in Chile is expected to be -1.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Chile Industrial Production is projected to trend around 1.40 percent in 2023, according to our econometric models.

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Chile Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-04-29 01:00 PM Mar 0.8% -3.2% -2.9%
2022-05-31 01:00 PM Apr -3.6% 0.9% -2.3%
2022-06-30 01:00 PM May -3.6% 0.2%


Related Last Previous Unit Reference
Industrial Production -3.60 0.80 percent Apr 2022
Industrial Production Mom 3.00 -0.80 percent Mar 2022
Manufacturing Production 1.70 3.30 percent Apr 2022
Copper Production 421.70 462.40 Thousands of Tonnes Apr 2022
Mining Production -5.70 -6.30 percent Feb 2022

Chile Industrial Production
In Chile, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.
Actual Previous Highest Lowest Dates Unit Frequency
-3.60 0.80 14.05 -11.50 1997 - 2022 percent Monthly
NSA, 2014=100

News Stream
Chile Industrial Output Declines in April
Industrial production in Chile fell by 3.6 percent year-on-year in April of 2022, reversing from an upwardly revised 0.9 percent gain in the previous month. Production declined for mining activity (-10.6 percent vs -2.3 percent in March), driven by lower copper production (-9.8 percent vs -6 percent), and increased at a slower pace for manufacturing (1.7 percent vs 3.4 percent) and electricity, gas, and water (0.9 percent vs 1.4 percent). On a monthly basis, industrial production fell by 2.2 percent, swinging from an upwardly revised 3.6 percent jump in the prior month.
2022-05-31
Chile Industrial Output Rebounds in March
Industrial production in Chile rose by 0.8 percent year-on-year in March of 2022, reversing an upwardly revised 3.2 percent decline in the prior month. Production increased for manufacturing (3.3 percent vs -2.7 percent in February), in particular food products (5 percent) and electricity, gas, and water (1.4 percent vs 4 percent). On the other hand, output continued to fall for mining, albeit at a softer pace (-2.2 percent vs -5.9 percent), on account of metals, especially copper (-6 percent vs -7.2 percent). On a monthly basis, industrial production surged 3 percent, after an upwardly revised 0.8 percent decrease in the previous month.
2022-04-29
Chile Industrial Output Contracts Furtherf
Industrial production in Chile fell 3 percent year-on-year in February of 2022, contracting further from the 1.1 percent decrease in the previous month. It was the steepest decline since February of the past year, underpinned by a swing in manufacturing production (-2.2 percent vs 2.6 percent), while mining and quarrying declined at a slower pace (-5.7 percent vs -7.5 percent) largely due to copper mining (-7 percent vs -7.5 percent). On the other hand, output picked up for electricity, gas, and water (4 percent vs 3.1 percent). On a monthly basis, industrial production fell by 0.6 percent, easing from the 1.1 percent decline in the prior month.
2022-03-31